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Instrument Details

ISIN: INE545V08017

Face value

₹1,00,000

Coupon rate

15.75%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

5.1

Instrument Type

Debenture

Returns

High

Date of Issue

12 Aug 2016

Maturity Date

24 Aug 2019

Perpetual

Yes

Listing Status

Listed

Rating status

D (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SHREEDHAR MILK FOODS LIMITED SR-1-510 15.75 NCD 24AG19 FVRS1LAC - Defaulted in Redemption
Shreedhar Milk Foods Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE545V08017, with a face value of ₹1,00,000 rs on 12Aug16 to raise 5.1 crores. The debt instrument is issued with a coupon rate of 15.75% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 15.75% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. F GROUP DEBT INSTRUEMNT SERIES 1-510. DATE OF MATURITY 24/08/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 29Aug16. ICRA LIMITED has given D rating to this Debenture on 22Oct24. This issuer is formerly known as A KUMAR MILK FOODS PRIVATE LIMITED, SHREEDHAR MILK FOODS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
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Date Verified
23 Oct 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
12-Aug-16 : Your investment
₹7,87,500
12-Feb-17 : Interest
₹7,87,500
12-Aug-17 : Interest
₹7,87,500
12-Feb-18 : Interest
₹7,87,500
12-Aug-18 : Interest
₹7,87,500
12-Feb-19 : Interest
₹7,87,500
12-Aug-19 : Interest
₹1,47,25,000
24-Aug-19 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹47,25,000)

Summary

Instrument Attributes

Value

Coupon Rate

15.75%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Goods including FMGC
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rated ★ 4.3+ on

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FAQs about INE545V08017 issued by Shreedhar Milk Foods Limited

The instrument name of INE545V08017 ISIN is SHREEDHAR MILK FOODS LIMITED SR-1-510 15.75 NCD 24AG19 FVRS1LAC - Defaulted in Redemption.
The interest earned from INE545V08017 bond issued by Shreedhar Milk Foods Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE545V08017 bond issued by Shreedhar Milk Foods Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 15.75%, which determines the periodic interest payments made to bondholders.
The INE545V08017 Debenture is issued by Shreedhar Milk Foods Limited, a Private Sector company.
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